Strategy description see in the topic "Trading Strategies" At this days I provided two successfull trades: 1) case №3 (picture 2 М15-timeframe) - sale trade is opened - М15-trend is crossed into Н1-trend direction (I) 2) case №5 (picture 3 М15-timeframe) - buy trade is opened - М15-trend is cross...
The principle of this strategy: 1) we build H1 and M15 trends using two last fractals of towave indicator 2) trade is opened when M15 trend is broken (crossed) through resistance point (+/- 3pips) in one case - with breakthrough H1-trend (situations 1,2,4) and in other case - in direction of H1-t...
if you are aware of opposing and attracting currency pairs, I think during the past few days you noticed that this pairs were showing off in a rewarding manner...
For today R4 - 1.1792 / R3 - 1.1751 / R2 - 1.1728 R1 - 1.1666 SPOT 1.1632 S1 - 1.1568 / S2 - 1.1505 / S3 - 1.1466 / S4 - 1.1445 SELL AT 1.1673 FOR 1.1445, REVISED STOP AT 1.1751...
For today R4 - 0.7977 / R3 - 0.7947 / R2 - 0.7927 / R1 - 0.7890 SPOT 0.7832 S1 - 0.7780 / S2 - 0.7766 / S3 - 0.7695 / S4 - 0.7682 BUY AT .7785 FOR .7947; STOP AT .7695...
Hours before the Swiss National Bank announcement to cut the LIBOR rate, there was a heavy supply signal in H1. Shorted right after that bar: The movement that proceeded : Exit right after that demand (green signal), for a total of +1375 PIPS...
Hey Everyone, I’m a trader based in Sydney, Australia. If you look at my account history you’ll see some pretty horrible results from 2011-2013 while I was testing out some different systems and EAs...
1. Background was weak at the time of entry 2. Enter in a low volume up bar near a down trendline 3. Exited on the trailing stop. There was a minor signal (the first dot), but I wait for 2 of those to exit...
I am planning to trade the USD Retails Sales news event. My plan is to make a news breakout trade and catch a move in either direction...
This is an incorrect way of trading the trendline setup. With the prices so far away from the trendline, whipsaws are much more likely...
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7872 / R1 - 0.7845 SPOT 0.7770 S1 - 0.7737 / S2 - 0.7714 / S3 - 0.7682 / S4 - 0.7619 SELL AT .7770 FOR .7619 OBJ, STOP .7845...
For today R4 - 1.1969 / R3 - 1.1951 / R2 - 1.1897 / R1 - 1.1871 SPOT 1.1841 S1 - 1.1787 / S2 - 1.1754 / S3 - 1.1703 / S4 - 1.1640 SHORT AT 1.1855 FOR 1.1640; STOP AT 1.1951...
Automated Forex trading is a popular topic on blogs and articles since many people will look to automated systems as a means to earn Forex profits without any efforts. This is a myth, as Forex trading is extremely difficult, and automated trading is no shortcut...
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7890 / R1 - 0.7872 SPOT 0.7848 S1 - 0.7790 / S2 - 0.7755 / S3 - 0.7714 / S4 - 0.7682 BUY AT .7800 FOR .7927; REVISE STOP AT .7755...
What do chess and trading have in common? In both, you cannot predict the outcome of each and every move. Thus, while you may know all the rules of the game, and have your next move perfectly planned, you do not know how your opponent will move against you...
Review of trading week 5-9 January 2015 Sico (my automated system offered on MT4's signal service) had an excellent week, netting over 5% over the five trading days. It did especially well on AUD/USD, EUR/JPY and XAU/USD, with some perfectly timed entries into significant short term moves...
1. Weak background - Analytical Trader analyzes the trend and VSA signals to determine the strength or weakness of the market. 2. Enter in a low volume up bar near the down trendline (trendline drawn from 16th December) 3. Exited on trailing stop...
For today R4 - 0.7947 / R3 - 0.7927 / R2 - 0.7872 / R1 - 0.7850 SPOT 0.7823 S1 - 0.7762 / S2 - 0.7714 / S3 - 0.7682 / S4 - 0.7619 LOOK TO SELL WHILE RESISTANCE AT .7849/72 STANDS...
